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Search Results 0 to 28 of about 29 (some duplicates have been removed)
them. >> rose: we close this evening with a conversation about the global economy with india's minister of finance. >> you see, we require massive investment to build our country. the bulk of it comes from domestic savings but we still require at a margin, foreign investment, for that brings technology. that brings invasion, that brings better management skills and management management practices. it opens new markets for us. it introduces us to new products. that is the advantage of getting fdi. >> the texas explosion,s bots to-- boston investigation and the global economy when we continue. >> rose: funding for charlie rose was provided by the following:. >> rose: additional funding provided by these funders. and by bloomberg provider of multimedia news and information services worldwide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. . >> rose: we begin this evening with the explosion at a fertilizer plant in west texas which is near waco. here is the explosion which took place last night. at last count five people have died and mo
,s bots to-- boston investigation and the global economy when we continue. >> rose: funding for charlie rose was provided by the following:. >> rose: additional funding provided by these funders. and by bloomberg provider of multimedia news and information services worldwide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. . >> rose: we begin this evening with the explosion at a fertilizer plant in west texas which is near waco. here is the explosion which took place last night. at last count five people have died and more than 160 injured. it produced ground motion equivalent to that of a magnitude 2.1 earthquake. the mayor of west said it felt as if nuclear bomb dded. buildings within a five block rad yux-- radius were damaged. the search for survivors is ongoing. investigators are trying to determine the exact cause of an explosion. a small fire is believed to have spread to fertilizer tanks. governor perry held a press conference earlier and here is what he said. >> also spoke to the local officials to make sure they have the supp
closer. wherever you are today, idelity's guidance can help fine tune your personal economy. fidelity investments. here. >> at union bank our work hard p managers to know your business. offering specialized solutions in capital to help you meet growth objectives. we offer expertise and tailored solutions for small businesses corporations. what can we do for you? watching gmt on "22 news." attack on u.s. soil since 9/11. today. our focus what should have been a moment of joy turned to a time of carnage. president obama says justice will be done. > make no mistake, we will get to the bottom of this and we and find out who did this we will find out why they did this. >> the devices exploded near line a favorite spot for spectators. manythan 140 were injured, in a criminal conditio-- critic condition. people started throwing down the barricade and running over each other. ran the other direction. >> the f.b.i. has taken control investigation. the big question, was it international or domestic terror? aaron is here with business and talking music. >> it is all about how do you get your mu
of tumultuous, russia's president is coming under controver controversy. while russia's economy hadn't performed badly last year, falling commodity prices risk pushing the country into recession. these comments come just hours after president putin threatened to fire officials for not following his orders on public spending. geoff cutmore is outside this event. what are you hearing about these concerns and the russian economy overnight? >> reporter: absolutely. fascinating issue. we clearly see some risks emerging in the russian government at this point. and i just want to put that issue to one side for a moment. because i have with me li jiaoung. he is a former chinese minister. i'm fortunate to get the opportunity to talk to him at this event. thanks very much for speaking to me. if i could just start off by asking you, clearly, the world has been focused on the terrorist events in boston and this tragic, very un pleasaplea event. i wonder if you could dwifs a perspective from the chinese point of view here because nobody wants to see terrorism and in particular i think the chinese have an int
or does it matter if an economy will print or grow or whatever? >> the study which said once government debt hits 90% of gdp growth goes off a cliff has been thoroughly discredited and they must kick themselves that they made a mistake on the spreadsheet. people pay attention to the paper which has just come out that shows that this is a pretty sloppy piece of work. the conclusion drawn in terms of the impact of high debt to growth has been basically discredited now. it's fairly clear that governments have a lot more scope to deal with problems. >> was china wrong to pursue this strategy then to help cushion the effect of the global financial crisis and even though people are quite concerned about it including some of the chinese themselves, it sounds like from what you're saying all things considered you don't see a hard landing or crisis as a result. >> as you always say in china, it's too early to tell. i think they have a margin to get things right. if you look at greece, they went into european monetary union and have this lovely window to fix things. a lot of credit with foreign i
agricultural workers to seek nonfarm jobs as economy improved in the 1990s. the special agricultural workers who left farm work were replaced by new arrived unauthorized migrant. by 1997 and 1998 it was estimated that the special agricultural workers were only about 16% of the crop workers. so, mr. connor, aren't we afraid or shouldn't we be afraid giving legal status to people here illegally will repeat the mistakes we made in 1986 putting the ag industry in the same position in the long run. in other words it comes about because of farmers come to us and they need workers. okay. we bring in the workers. then they migrate someplace else and people illegally came in after wards. how do we avoid the mistake we made in 1986? >> senate grassley, your question is a great question. it's -- it goes to the heart of fundamentally of the basis of our negotiation that on o- curing in senator feinstein's office. the blue card program for the current existing trained work force is an important component. equal we don't know with absolute certainty over the next decade or so what is going to be the statu
: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the economy sluggish growth may be the most ideal condition for investors. joining us is now jack. welcome to you. >> thank you, lori. lori: you see this as a prime opportunity. some new investment dollars could go into the stock market. >> yes, potentially. fair value in the market is probably about 1520. we are slightly ahead of that. we have a lot of favorable factors. one, keep money. we have stocks that look cheap. if we can get confidence, you know, of investors, but also builds confidence picking up, i think you could see treasurers and armature treasurers start to exploit that difference. as long as the fed keeps the backdrop in place, then the market can go higher. we do not want to fall into a double dip type of scenario. on the other hand, we do not want anything too strong to suggest that perhaps the fed will take its foot off the accelerator. lori: if you have new money to invest, what type of stocks would you p
worried about china especially about the economy after the lower than expected growth numbers that we saw this week. and he addressed that. he was talking a bit about the concerns about rising debt levels and he played those down. he played down the weaker growth. >> i don't think people should panic about chinese economy will continue to grow at the sustainable level. the government's target could be fulfilled without much difficulty and we aim at the quality of the growth. i don't think achieving 7, 7.5% is a big deal for china. i don't think so. >> the fund invests heavily in resources. i couldn't help myself from asking him specifically about gold. he believes the sudden drop in gold is general instability in the global economy. he hopes it comes back at some point soon. >> thank you very much. we were watching that and that's the perfect segue. we've been watching what's happening and it's important to see what the chinese think about this and no better person than cic chairman. we'll talk about gold and what's been happening not only with gold but also oil prices after yesterday slu
. it is the perfect example of the program benefits for the economy and local community where jobs are scarce and a part of vermont where conventional lending is not an option. we appreciate the inclusion of permanent authorization of this important program. we also very much appreciate inclusion of the reforms to the program, highly important to employers in the seasonal industries. ski resorts in the winter, beach communities and this summer rely on these workers to not -- and not only prove to be excellent employees but bring a cultural experience to states that do not necessarily enjoyed a great deal of diversity. when a trained employee can return for several years in a row, it is a great benefit to all. we thank you for including the sections into the bill. in order to enhance security while adding -- in order to enhance security while also facilitating legitimate travel and trade, we strongly support the addition of but 3500 custom boer patrol officers included in the legislation. in order to ensure that officers are allocated properly, we urge the committee to work with cpb to specify
our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> somebody clearly framed them. i don't know who exactly but by framed them and then shot the boy dead. i can't reach anyone. i don't know about my children. i'm scared for my boy. they will shoot him dead, and then just say, he had weapons. where can he get weapons for god's sake? they're picking them up at rubbish dumps or what? i'm scared for my son, for his life. they should arrest him. bring him alive. alive. in the judicial system should investigate everything, who is right and who is guilty. >> neil: that's the father of dzhokar tsarnev, still missing out there, still anywhere. trying to find him. the older brother was killed last night in the shootout. we agree on the key legal point, being preferable to catch the brother alive. >> many reasons, you want him alive, want to talk with him, interrogate him, want to know who was he with, who supplied these things? you think about the two young terrorists out there, they couldn't -- it's very unlikely they did everything all of t
is typically bought as a safe haven. expectations of a recovery in the global economy have prompted investors to buy riskier assets such as stocks. the latest chinese economic data has triggered further selling of gold. >>> japanese finance minister aso says he will seek the understanding of his group of 20 counterparts and central bank chiefs for the country's economic policy. leaders of the g-20 industrialized and developing nations are getting together in washington later this week. japan's economic policy may be a subject of discussion. u.s. treasury officials last week called on japan not to deliberately devalue its currency. >> translator: japan's measures including those of the bank of japan are aimed at ending prolonged deflation. i will, again, clarify this at the g-20 meeting. so there is no misunderstanding about how true policy objectives. >>> japanese entrepreneurs have had the chance to hear how to be successful from some of the best in the i.t. business. global tech leaders have urged them to expand their businesses with an open mind. executives of japanese i.t. firms organized
very quickly because the economy can't continue the way it is among other things giving gasoline away. they can't go on that way. >> nick raised the question of ideology. it's important to note that the opposition it wasn't an election about ideology. the opposition, what was fascinating about it is it ran on a comain to administer it more efficiently. they accepted the social missions. they accepted even the foreign policy. dressed in red. he was in some ways praising chavez and saying that maduro wasn't worthy. he see it wasn't an election about ideology but an election about continuing the goals. it's been remarkable. the way to think about it is to step back and really consider that this remarkable experiment in social democracy that we've seen more in south america than central america and mexico but a little bit in central america since for the last 10, 15 years beginning in some waysith chavez's election is outlasting. it's first-generation of leaders. lula went through his two terms. >> charlie: many people say he was a champion of the people who chavez thought he was the cham
. that will be the biggest day for me because they're the big indicators of how the global economy is doing overall. speaking of the global economy, caterpillar if this was clearly a disappointment and the guidance was disappointment and they telegraphed it a little and the stock's been up and the dow this morning and the two things here, number one, he's coming on and talking about stability and that's the key word on our air on cnbc and a lot of people have noted the drop in mining. mining was down 25%. sales in the mining division, second most important was down 25%. i think a lot of people have got that already set up. remember, this is heavily shorted stock and it was $100 two months ago and it's $80 today and a lot of people anticipated what's going on. let me mention apple very quickly. the hope here is for a special dividend, increase the dividend to over a 3% yield and start with the big buyback. that's the big hope there. nobody's expecting them to blow the cover off of any of these numbers and all of them have been coming down. >> guys, back to you. >> watching microsoft continue to gain now up 4.
is a realization now that the market is probably well ahead of itself, based on what the economy is, based on what we're seeing happening around the world in china, certainly what's going on in europe. so the fact is that investors all of a sudden are deciding, geez, we better start paying attention to this news, becausing the market is well ahead of itself. so what you're seeing is the market backing off and really coming back or trying to come back to a state of equilibrium between where the economy is and where the market should be. the whole boston thing and boston marathon and that down in d.c. is certainly adding some angst to the market, but that's not the reason the market is off 170 points. part of it is much more technical just in terms of market action. >> but, michael, when we saw the market come off the lows, it happened to be when we thought there was an arrest. is that a coincidence with the markets? >> i think to some extent, there's going to be a little bit of a relief move if you see some kind of arrest really happen, but these deflationary pressures have been in play since the e
of a restructuring in our economy and in our workforce. if we were to go back to boom times with respect to growth and gdp and employment that would be people getting back into the same jobs that were ruined or lost in the bubble and i think it is good that is not happening. i think we're seeing more diligent capital allocation. people are learning new skills, restraining themselves to be better quipped to be productive in a digital economy. i think that means slowness in the near term but long term i believe the country will be stronger than ever. i think when it comes for investing, investors have to be diligent. it will not be a an easy kal call when market going straight up easy call when the market is going straight down. tough do your homework. david: the phrase of the day isp capital allocation. we're all expecting apple to do something with the $137 billion whether pay out a bigger dividend over 3% or stock buybacks or something like that. isn't there an endgame here that hasn't been looked at by a lot of investors to jump on the news of increased dividend? that is to say if you're not inv
will go. and sometimes invest in a place where the economy is not where it would support necessarily a market solution, which is why a.i.d. has to be there. so you've got the millennium challenge corporation over here, a.i.d. as the preponderance of our expenditure, but it has adopted significant reforms in the last years that have actually movement some of the development challenge kinds of enterprize into a.i.d. wherever we can we are trying to do economic-based aid in a local way that is sustainable. and that will result in long-term gains, not a project that comes, and when the project's over the money's gone and there is nothing to show for it. but there are someplaces where you still have humanitarian demands and other demands that will not lend themselves to that, and we just need to understand that. we have to understand that's for the minimum -- minimalist fraction of the percentage of our aid that may represent, it's still an expression of our values and interest and it's important. now we are -- i'm not going to sit here and tell this committee that the job is done. we are
. >> the competition is spreading, but that's unlikely to discourage companies from expanding in this economy. >>> a "new york times" reporter in china has won journalism's highest honor. david barboza was awarded the pull lit -- pulitzer prize for exposing the hidden wealth of the family of china's former premier. new york's columbia university announced the winners of the award on monday. the pulitzer also covers literature, drama and music. barboza reported that relatives of then-premier wen jiabao had secretly amassed billions of bars. the judges praised his exposure of corruption. they noted he published his work despite heavy pressure from chinese officials. wen's family denied the report. the chinese government also criticized it. "the new york times" also won a pulitzer or reporting on the practices of apple and other technology companies. judges praised the "times" for exposing excessive working hours and other harsh conditions at contract manufacturers in china and elsewhere. >>> aung san suu kyi's first visit to japan in 27 years has been an emotional experience for many. that's es
companies from investing in this rapidly expanding economy. nhk world. >>> all right. now let's take a look at the market figures. >>> when people read these day, they often turn to electron eck devices. one man in the state of wisconsin is encouraging readers to pick up paper books again. anyone can borrow a book for free provided that they leave one in return. the idea has taken off. nhk has his story. >> reporter: small is beautiful when it comes to reading in america these days. miniature bookshelves like these are popping up on roadsides or in coffee shops across the united states. called little free libraries. they're changing the reading habits of local communities. the idea couldn't be simpler. you grab as many books as you like. and you don't have to bring them back. but you do have to row place them. the rule is, take a book, leave a book. that means the narrow shelves are always full and the stock is always changing. it was todd bowl who came up with the idea for the little free library. >> the first library i built in 2009. and this one has number one. >> reporter: he started th
. the red cross isn't currently accepting donations but economy the city of boston have set up websites with resources. if you see anything suspicious let us know on our facebook page. >>> we have some breaking news. firefighters rescued one person from a burning home in arlington. the pyre broke out around 10:30 this morning. the 2300 block of north dinwiddie street in arlington. the home was fully engulfed when they arrived. they pulled one person from the basement. two people were taken to the hospital with burn injuries. no word on their condition. we have a crew on the way and will bring you the latest information as soon as we get it. >>> it is 11:27 thousand. coming up in the next half hour, "news4 midday," under watchful eyes, d.c.'s emancipation parade is under way at this hour. news4's megan mcgrath is along the parade route with how police are keeping the city safe in light of the boston bombing. >>> lawmakers are at work this morning. we will have the latest on where gun control measures and an immigration reform bill stand at this hour. >> storm team 4 meat meet tom kierein
dollar deficits, to a fledgeling economy and declining military -industrial base. we can now add to that the devastating effects of sequestration to our servicemen and women. sequestration is the wrong approach to bring in spending, particularly as our nation's military readiness will foolishly suffer. however, we are under sequestration. and i hope you can clarify for me some of its impacts. we have recently heard that the army has canceled seven combat center training rotations, the navy has canceled ship deployments. air force has stood 12 combat-coded squad rons, not to mention potential civilian furloughs for up to 14 days all due to sequestration and i hope you can translate that into the real world for us, including what that means in terms of readiness and force posture. we'll continue to wrestle with these issues with you. i'm very happy and pleased to see during the fiscal 2013 c.r. that we were able to include the full year defense and veterans -- milcon and veterans bills, giving you some much needed flexibility in funding for d.o.d. past three years we worked across
to private sector federal systems, the nation at critical infrastructure and our economy. it supports the president's executive order to improve on the cyber security and critical infrastructure security and resilience. finally, to ensure continued resilience to disasters, the president's budget focuses on emergency management. it includes resources for the disaster relief fund for declared disasters or emergencies. the administration is proposing the consolidation of 18 grant programs into one national program to create a robust national response capacity while reducing administrative overhead. this competitive, risk based program will use a comprehensive process to identify and deploy capabilities, put funding together quickly and require grantees to report on their progress. it is this kind of funding that has enhanced capabilities in cities like boston. since 2002, the boston urban area has received $300 million in federal grant funding, which is used to equip tactical teams. within the last year, the metro boston homeland security region used funding to provide training to improv
Search Results 0 to 28 of about 29 (some duplicates have been removed)

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